Today ....
Started by
Frac_Man
, Aug 14 2007 12:15 PM
7 replies to this topic
#2
Posted 14 August 2007 - 12:18 PM
Frac...I've had to put you on ignore...sorry. You just don't make any sense
#3
Posted 14 August 2007 - 12:30 PM
Frac_Sir,
Red candle - hmmmm bottom falling out. Green candle - hmmmmm weak bottom.
I am sure about one thing today. You will not be wrong, whether the market goes up or down
I thought trading was difficult. Advisory business is mucho tougher !
#4
Posted 14 August 2007 - 12:38 PM
Hi Frac,
I have long been interested in market geometry, and so also have been trying to discern your analysis.
The problem I have, and I assume others have, is that you, presumably unintentionally, are just
too vague in your postings here. Perhaps you mean to be vague, to protect your paying subscribers
rights to clear communications from you?
I would like to ask you to, if you are going to post factal messages here, be very clear about what
you are saying. Many here, including myself, believe in posting their real time entries long or short,
and also protective stops, along with profitable exits. That way, anyone interested in judging the effectiveness of your fractal methodology can do so in a clear and objective manner.
Again, would you please post real time entries long or shot with protective stops if your fractals are wrong?
Otherwise, judging by the number of I am confused replies, no one really knows what you are talking about.
thank you
norton
Edited by norton, 14 August 2007 - 12:40 PM.
Please, help stamp out vibration.
#5
Posted 14 August 2007 - 12:41 PM
Dog Gamn it! Stop this fractal non-sense! There are cycles and momentum, that's about it, all others are noise, pure noise! The statistics is not about trading the noise, but the cycles and momentum. Flip a coin 100 times and plot the cummulative heads and tails and it will make just as much sense as the fractal patterns. Sheeshh...
#6
Posted 14 August 2007 - 12:43 PM
for better or worse i have to agree with the above posters. just impossible to make sense of it all and the frequency of posts is adding to the confusion.
i say keep it like simple like it was a few weeks ago with an occasional fractal image. technicians like pictures, not riddles.
“be right and sit tight”
#7
Posted 14 August 2007 - 12:53 PM
My buddy Norton!!...you have an elegant way with words. How's da monkey....bet it's got a rally cap on. LOL
#8
Posted 14 August 2007 - 01:25 PM
I hate to piile on to Frac man but I also do fractal work along with pattern recognition. There are other fractal patterns besides the one you are following. The problem with the fractal pattern you have presently is being followed in one technical form or another buy soooo many traders. Everyone and his brother expects the S&P to fall to 1360 before a bounce in a bear market or the beginning of the new bull market rally. It ain't gonna happen when so many traders expect this scenario. The pattern I am following is similar to the 1998 fractal pattern but deviates from it at the inflection point where the 1998 pattern does a mini-crash. That's where the pattern I see goes into bull mode. We'll see who is correct and what is most important is not to be bullish or bearish but on the right side of the trade. I'd wish you go luck but right now I am on the opposite side of your trade.
Dennis